This had been permitted, no one asked him to stop because the unit was in limbo due to my mother not wanting to clear out my father's equipment.  

I would love to buy one here in Northwest Arkansas but there has been so much new development for multifamily in the past 4 years and it doesn't show signs of stopping.

If he has proof that you duct taped a pipe for instance to stop it leaking....

Cons:You don't get access to the property so you're taking a much higher risk not knowing the condition of the inside. 

I will have access to another round of capital from my W2 job in October ranging from $85k-$135k.

@Jessica Geisler I would just stop paying down your current mortgage and save up the $60-70K by the end of the year.

I'm a realtor so I have access to the MLS but I'm having a hard time spotting any good deals in this market.

Also useful for scaling, as you can invite users to access Podio (e.g. someone who works your leads). 

Can someone explain how to evaluate if a multi family is a deal or not without having access to the historical financial data?

Possibly say, hey, I can just do this project from A-Z with the right backing/funding behind me (Not really in the position to buy and invest in the materials, but may have access to the funds) and tackle my first official flip project?